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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Bentley planning new Le Mans prototype for LMP2 class

Word has it that Bentley is planning a new Le Mans prototype racer. Speaking with Bentley chief Wolfgang Durheimer, Autocar reports that a new LMP2 project is underway at Crewe. The program would be run in-house instead of outsourced to a partner racing team. But while the prototype would likely use the company's 4.0-liter twin-turbo V8, the chassis by necessity would have to be outsourced: the three major sanctioning bodies recently got together to approve Dallara, Oreca, Riley-Multimatic, and Onroak exclusively to supply LMP2 chassis, so Bentley would have to base its design around one of theirs. The British automaker might have a number of reasons for restricting itself to the LMP2 class. Chief among them is likely the presence of both Porsche and Audi in the top-tier LMP1 category, and parent company Volkswagen's likely reluctance to send another one of its brands into the same fight. Another is budget: developing and fielding a competitive LMP1 program can be as costly as running an F1 team, whereas the prospect of sourcing and adapting an LMP2 chassis from an approved supplier would cost Bentley far less. But another factor not to be discounted is that Bentley may be choosing its battles carefully. Where the LMP1 prototypes are constricted largely to Le Mans and the FIA World Endurance Championship of which it is part, there are several series that top out at LMP2 – most notable the IMSA SportsCar Championship where Bentley is tipped to focus first, but also in the European Le Mans Series and Asian Le Mans Series. In fact [SPOILER ALERT] an LMP2 entry just won the 24 Hours of Daytona for the first time, beating out the Daytona Prototypes against which they compete. Those are bragging rights that Bentley could be keen to capture, and if it plays its cards right, it could sit out the LMP2 class at Le Mans and in the WEC altogether, rather than compete for second-tier victory behind its big brothers in LMP1. That would make this program radically different from the last time Bentley built a Le Mans prototype. In the early 2000s, Bentley fielded successive versions of the Speed 8 (pictured above) with a little help from Audi, winning the 24 Hours of Le Mans outright in 2003. The company then shut down the program, only to return to racing with the Continental GT3, developed with longtime Ford rally partner M-Sport and offered to privateer teams.

The 2020 Bentley Flying Spur has 3-D wood now, and it looks spectacular

This is the coolest wood you’re going to see today. We promise. Bentley is now manufacturing something it calls “Three-Dimensional Wood.” And yes, all wood we come into contact with is 3-D, but this stuff pops out at you like people and items do in a 3-D movie. YouÂ’ll find it in the rear door inserts of the Bentley Flying Spur, assuming the owner checked the box. One look at the photos will have you going, “how the Â… ?” Yes, itÂ’s pretty wild to see, and we can imagine the effect it has in person is even stronger. Bentley did explain how it made wood look like the diamond-quilted leather it uses in its seats, though. As one would expect from Bentley, itÂ’s a hell of a process.  Each rear door and quarter panel is crafted out of a single block of wood. Bentley uses either American Walnut or American Cherry timber. They start by machining the back of the log to match a die-cast aluminum door panel template. ItÂ’s bonded to the template, and then the difficult work begins. Skilled craftspeople carve the wood to its three-dimensional surface with a multi-axis routing machine to a tolerance of 0.1 mm. They then hand finish the cuts to achieve perfect results. Finally, a lacquer is applied to attain the color and texture that Bentley desires. Left: EXP 10 Speed 6 Concept; Right: Production Flying Spur pattern This design of wood was first seen in a Bentley concept from 2015. It was called the Bentley EXP 10 Speed 6 (shown above, left). After the positive reaction to that design, Bentley says it felt a production adaptation was in order.  “Three-Dimensional Wood is the next interior design element weÂ’ve taken from concept car idea to production reality,” Brett Boydell, Head of Interior Design for the Flying Spur said. “It works in perfect harmony with the three-dimensional leather quilting across the cabin of the Flying Spur and creates an even more special environment for those being driven.” If you were to count the number of carved diamonds in the wood, youÂ’d come to a total of 150 in the Flying Spur. As of now, the big sedan is the only Bentley this option is available in. We wouldnÂ’t be surprised if it expanded to others in the future. In addition to that, this is a design that could be translated into lesser luxury cars using cheaper processes and 3-D printing. Bring on the 3-D wood. Related Video: